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See how verdicts work1-bedroom house · BN20 7NF
Sold STCReduced £18k (−13.5%) on 26 OctListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Taylor Engley are pleased to offer to the market this CHAIN FREE, ONE BEDROOMED THIRD FLOOR RETIREMENT APARTMENT (over 55's) situated in the popular Fairfield Lodge development in the Meads area of Eastbourne.
This retirement apartment is located in the extension of the period property and has accommodation accessible via a lift, consisting of a living/dining room, kitchen, double bedroom and a shower room.
Communal facilities are available on site including a residents laundry room, communal lounge, residents parking and the communal gardens.
Shopping facilities are available within nearby Meads Street whilst Eastbourne town centre with its comprehensive shopping facilities, mainline railway station, theatres and seafront is approximately one and a half miles distant.
EPC = D Front Door To: - Communal Entrance Hall: - Stairs or lift to the 3rd floor.
Door to: Entrance Hall - Built-in storage cupboard, large airing cupboard housing the hot water cylinder and water tank, shelving, electric wall heater.
Living Room - 5.44m x 3.18m (17'10 x 10'5) - Two double glazed windows overlooking the gardens, archway through to: Kitchen - 2.39m x 2.11m (7'10 x 6'11) - built-in white fronted cupboards and drawers, built-in double oven, built-in electric hob with extractor hood over, space for washing machine and fridge freezer, sink unit, worksurfaces.
Bedroom - 3.94m x 2.67m (12'11 x 8'9) - Double glazed window overlooking the gardens, electric wall heater, built-in wardrobe cupboards.
Shower Room - White suite comprising washbasin, WC, large walk-in shower, extractor fan, tiled walls.
Communal Facilities - Please Note: - We have been advised that the lease is 189 years from the 25th of March 1987.
The current ground rent is £350 per annum, for the period 25/03/2025 - 24/03/2026 and the service charge is currently £250 per calendar month.
(All details concerning the terms of the lease and outgoings are subject to verification).
Broadband And Mobile Phone Checker: - For broadband and mobile phone information please see the following website: Council Tax Band: - Council Tax Band B.
For Clarification: - We wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Room sizes cannot be relied upon for carpets and furnishings.
Viewing Arrangements: - All appointments are to be made through TAYLOR ENGLEY.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Fairfield Road, Eastbourne
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